Let’s connect—always great to share ideas with fellow investors! 

Your question has been debated between BP tax experts both privately and publicly, for example here: https://www.biggerpockets.com/forums/51/topics/819991-expens...And we ended up where we started: no consensus and no clarity.There have also been court decisions that support my interpretation, even though I personally find these court decisions debatable.

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

Join us for our FIRST official launch event for Charlotte NC on January 9.This is a 12 part education series with new topics every month.

Also, qualitative ideas would be welcome just conceptually what we should do.

And the idea is that folks that dont know any better assume your on another level or up there with real MLO's and NMLS registered lenders  like myself..

I have ideas of the values, but nothing based on anything concrete.If I take out a construction loan, how do I pay for the construction loan during the process? 

I love the idea of house hacking a value-add duplex.

You'll probably get some good ideas here, but I'd suggest talking to a real estate attorney soon and maybe run some of these ideas by them.